Posts Tagged Turkish Rates
Remember What Happened in 2001?

Remember What Happened in 2001?

With the outbreak of huge financial turmoil of Turkey in 2001, we saw Turkish lira dramatically depreciates against other currencies in nine consecutive days. Even though some dissimilarities exist between today and 2001, the recent moves in Turkish Lira as same as they were 12 years ago.

Turkish lira weakens ninth day...

Turkey Inflation Beats Expectations

Turkey Inflation Beats Expectations

According to data released by the Statistics Office this morning, headline CPI was up 1.8% mom, compared to the consensus forecast of 1.25% mom. Meanwhile year-on-year headline inflation is up to 7.71%, quietly higher than CBT’s target.

Food price inflation surprised the market on the upside, remaining at 11.4% yoy in October,...

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